Ganesh Consumer shareholders approve all six AGM resolutions for FY26
- All six resolutions passed at Ganesh Consumer Products' 26th AGM held on September 21, 2026
- Shareholders approved a total dividend of ₹5 per share for FY26, comprising interim and final payouts
- Voting results show over 99.99% support for all agenda items, including director reappointments
- Remote e-voting via NSDL saw participation from 58 attendees via video conferencing
*this image is generated using AI for illustrative purposes only.
Ganesh Consumer Products declared a total dividend of ₹5 per equity share for FY26 at its 26th Annual General Meeting. The payout comprises an interim dividend of ₹2.50 and a final dividend of ₹2.50 per share, each against a face value of ₹10.
The meeting was held on September 21, 2026, via video conferencing and other audio-visual means. Manish Mimani, Chairperson and Managing Director, chaired the proceedings. The quorum was present, and remote e-voting concluded on September 20, 2026.
Voting Results and Resolution Status
Shareholders approved all six ordinary and special resolutions proposed by the Board. The voting results, scrutinized by Navin Kothari of N.K. & Associates, showed overwhelming support across all agenda items. Out of 45,582 shareholders on the record date, 58 participated via video conferencing, while the majority voted through the remote e-voting facility provided by NSDL.
The following table summarizes the voting outcome for each resolution:
| Resolution | Type | Votes in Favour | Votes Against | Result |
|---|---|---|---|---|
| Adoption of audited financial statements | Ordinary | 27,305,163 | 693 | Passed |
| Declaration of final dividend (₹2.50/share) | Ordinary | 27,305,355 | 501 | Passed |
| Reappointment of Madhu Mimani | Ordinary | 27,305,103 | 753 | Passed |
| Appointment of Prachi Bhartia & Co as Secretarial Auditor | Ordinary | 27,305,187 | 669 | Passed |
| Continuation of remuneration for Manish Mimani | Special | 27,305,130 | 726 | Passed |
| Remuneration for Devansh Mimani | Ordinary | 27,305,077 | 779 | Passed |
Key Resolutions Approved
The Board sought approval for several critical matters, all of which received the requisite majority. The specific resolutions included:
- Adoption of audited financial statements for the year ended March 31, 2026.
- Confirmation of the interim dividend payment and declaration of the final dividend.
- Reappointment of Madhu Mimani as a director retiring by rotation.
- Appointment of Prachi Bhartia & Co as Secretarial Auditor.
- Continuation of remuneration for Manish Mimani, Chairperson and Managing Director.
- Approval of remuneration for Devansh Mimani, Non-Executive Director.
Governance and Compliance
The company appointed Navin Kothari as the scrutinizer for electronic voting. Statutory auditors and secretarial auditors were present to address queries from members. The Company Secretary confirmed compliance with SEBI Listing Regulations and the Companies Act, 2013.
Voting results were submitted to stock exchanges in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer’s report confirmed that no invalid votes were recorded during the process.
Historical Stock Returns for Ganesh Consumer Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.68% | +12.61% | -2.12% | -14.43% | -44.31% | -44.34% |
How does the total dividend yield of Ganesh Consumer Products compare to its consumer goods peers, and what does this imply for future investor attraction?
What specific growth strategies or capital expenditure plans will the company pursue in FY27 given the consistent dividend payout structure?
How might the reappointment of Madhu Mimani and the continuation of Manish Mimani's remuneration influence long-term strategic stability and governance perception?
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